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The paper will deal with the relative importance of finance. Analogies will be drawn with the financing of nuclear power and N orth Sea oil. The entities -public and private -involved in financing will be summarized including joint ventures, military funding and the im pact of privatization. The various types of space expenditures to be financed will be reviewed including ground facilities, launch vehicles, satellites and space stations. The availability and appropriateness of different typesdoi:10.1098/rsta.1984.0051 fatcat:fzh34whmxvhlnpe3m3zrazlc64